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Rival bidders join forces to acquire Signature Aviation

The private jet servicing group has accepted an improved 562¢ a share offer
Rival bidders join forces to acquire Signature Aviation
  • Three private equity players have united for a $4.7bn all-cash bid
  • This includes Signature’s largest shareholder, Cascade Investment

Signature Aviation (SIG) has been the subject of a private equity bidding war, as Global Infrastructure Partners (GIP), Blackstone and Bill Gates’ wealth manager Cascade Investment Fund have all vied to the take the jet servicing group private.

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